Holley Inc reports results for the quarter ended in September - Earnings Summary

Holley

14/11/2022 22:02

* Holley Inc  HLLY.N  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 6 cents per share.
    * Revenue fell 3.1% to $154.78 million from a year ago;
analysts
expected $152.77 million. 
    * Holley Inc's reported EPS for the quarter was 27 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Holley Inc shares had fallen by 20.7% this quarter and
lost 75.3% so far this year.
    * The company reported quarterly net income of $31.58
million.
    * Wall Street's median 12-month price target for Holley Inc
is
$9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
14 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.06           -0.03          Missed
 Jun. 30 2022      0.18           0.11           Missed
 Mar. 31 2022      0.15           0.19           Beat
 Dec. 31 2021      0.12           0.08           Missed